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20121101
20121130
Search Results 0 to 5 of about 6 (some duplicates have been removed)
for california pacific medical center, please welcome judy lee. judy. (applause). >> good morning. i've learned a lot this morning nr tim and john and i think the most personally relevant to me is john's comments about the mortgage rate hitting the all-time low. so i think i'm going to have it call my husband and take that refi offer during the break. but back to the agenda. since becoming mayor, at lee has prioritized job grow *t and making san francisco the innovation capital of the world. and the chamber has worked very closely with the mayor on a number of initiatives, one that we're very proud of is the midmarket payroll tax initiatives. that is to make san francisco much more attracttive to entrepreneurial companies and renovate a blighted area. we're particularly proud of this kind of public-private partnership to move the city forward. now join me in welcoming the city's first asian american mayor and i'm very proud to say a member of the lee tribe, the 43rd mayor of san francisco, ed lee. (applause). >> thank you, judy, very much for that introduction. good morning, everyone. >> go
flexibility there. >> right. to the extent that we are low on hydro -- california is low on hydro, and, so, market prices are going to be up overall as a result. >> thank you. >> what is the impact of the deductions on solar utilization? have we measured that? tax deductions that are -- >> have we measured that? we certainly realize that it lowers the cost. >> right. >> and that's why we pursued a third-party for our development of the sunset solar project. >> okay. >> and didn't fund it ourselves. i can't recall off the top of my head, maybe you do, todd, what the -- mr. reedstrom, what the financial impact of that was for us. >> it was pretty significant. by way of comparison, the tax credit, tax credit financing that we successfully undertook for current sunset solar brought the average cost per kilowatt hour down to 23-1/2 cents. that compares to average costs of our hydro system. all the costs included of about 9 cents. so, without the tax credit federal financing as well as the state programs, it would have been over 30 cents kilowatt hour. >>
the projects could use cdlac which is the california debt allocation committee bond financing available with the state particularly coupled with 4% tax credit to build their inclusionary unit, as long as they built more units and at a deeper level of afford ability. the reason we allowed that funding is because it's less competitive than other funding. we felt there was plenty of it out there and also we're getting more units at deeper affordability. we went ahead in 2010 and exempted these projects from inclusionary housing program thinking that their monitoring procedures were too much in conflict and learned after that there is no reason to exempt them, we can handle it. and their procedures can be synchronized. but more importantly, we don't want to lose the long-term affordability of these units. this is 4% tax credit unit are not restricted for a longer period as the inclusionary units. the inclusionary units are now restricted for the life of the project. so until the building crumbles and the others are not. we want to bring it back: the next is the conversion of rental to owner
was -- became the superintendent in 2009. he's a local boy including university of california berkeley background where he was captain of the football team and he did not include this in the biobut i know it and he wrote his under graduate thesis on emily dickon son so he's kind of a renaissance dude and he's 6-foot something. next to him is -- [applause] and next to him is george gaston and elect to the district attorney of the city and county of san francisco in 2011 after winning more than 62% of the vote which in san francisco is very enviable and focused on reducing violent crime, protecting vulnerable victims and respecting with high school truancy and rel haven't to the conversation today. last is cheryl young and the chief executive director of gate path and oversees a large nonprofit in san mateo county and focus on turning disabilities into possibilities and she's a wonderful addition to the panel and it's an area that school districts have to deal with in terms of special needs and what we're talking about affects these children if not more than the other children so thank
Search Results 0 to 5 of about 6 (some duplicates have been removed)